One World Products Inc (OWPC)

[MoneyForNuthin]

$OWPC Alright, the S-1 is out. This is how Joerg Sommer is getting paid. He needs to complete a $5M qualified offering in order to be compensated as stipulated in his employment & compensation agreement. To reach $5M with 20M shares at 88% of market price, that's an average PPS of (5,000,000/20,000,000)/0.88 = $0.28. That's the average. So we're looking at a minimum target price range of something less than 0.28 to something more than 0.28. That's all we know at the moment, but it gives the impression that we could be seeing a very favorable business milestone and news cycle beginning... last week????

This prospectus relates to the resale of up to 21,366,700 shares of common stock of One World Products, Inc., a Nevada corporation, which may be resold by Tysadco Partners, LLC (which we refer to as Tysadco or the selling stockholder), consisting of up to 20,000,000 shares of common stock issuable pursuant to an equity financing facility established by the terms of the Purchase Agreement described in this prospectus, and 1,366,700 shares of common stock issuable to Tysadco upon the conversion into common stock of 13,667 shares of Series B Preferred Stock we issued to Tysadco as a commitment fee for entering into the Purchase Agreement with us. We may draw on the equity financing facility from time to time, as and when we determine appropriate in accordance with the terms and conditions of the Purchase Agreement, by delivering “Request Notices” to Tysadco.

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001622244/000149315224003504/forms-1.htm